Doral welcomed the addition of Brad Heidelberg, Esq. to Doral's Board of Directors. Heidelberg's election to the Board will backfill the Board's current vacancy and is deemed to be effective as of June 4, 2010.
Brad is a native West Texan who currently practices oil and gas law within the Permian Basin. Brad has an undergraduate degree from Texas A&M University and a law degree from the Texas Tech University School of Law. His past legal experience includes duties as a former assistant district attorney of Midland County. Additional work experience includes working for the Austin based law firm of Linebarger Goggan Blair and Sampson, LLP.
Since 2005, Heidelberg is self employed and has worked exclusively on legal title opinions for oil and gas transactions located within the Permian Basin. Brad's oil and gas title work is associated with an estimated $350MM in transactional value to date.
E. Will Gray II, Chairman & CEO of Doral, stated, "The addition of Brad to our Board further signifies the commitment management has undertaken to align itself with experienced individuals within the Permian oil and gas community. His significant legal and land background should prove to be a welcome asset in not only growing shareholder value but protecting it as well. Furthermore, this addition to the Board should signify the Board's commitment in strengthening corporate compliance which will play a decisive role when reaching its objective of submitting its application to a major trading exchange."
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